FTSE 100 Live: UK Stocks, Gilts Extend Recovery as Pound Hits $1.32

FTSE 100 Live: UK Stocks, Gilts Extend Recovery as Pound Hits $1.32

FTSE 100 Live: UK Stocks, Gilts Extend Recovery as Pound Hits $1.32

UK-US Trade Talks Offer Hope Amid Gilt Yield Surge

The recent spike in gilt yields poses a significant challenge to Chancellor Rachel Reeves’ fiscal plans, potentially eroding the headroom she has to maneuver. However, amidst these fiscal headwinds, there are promising developments on the trade front that could bolster the UK economy and present opportunities for investors. Reeves’ upcoming talks in Washington, coinciding with the International… Source